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3554 Thorpe Street

Macon, GA 31204
  • $89,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 10449384
UPDATED: 56 min ago
$89,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This LEGAL DUPLEX is a prime investment opportunity offering immediate RENTAL INCOME. Each unit features 2 BEDROOMS and 1 BATHROOM, complete with its own kitchen. Currently, the property generates $800 per month from long-term tenants on MONTH-TO-MONTH LEASES. With a certified ARV APPRAISAL of $135,000 and a detailed contractor bid of $40,000 for renovations to make both units SECTION 8 READY, this property has immense potential. Once updated, the duplex can yield $1,500 per month in rental income through the Macon Housing Authority, with an approved rent of $750 per unitCoresulting in an impressive 20% ANNUAL RENTAL CAP RATE. This is an ideal opportunity for investors seeking to utilize a HARD MONEY BRIDGE LOAN, complete renovations, and refinance into a 30-YEAR MORTGAGE. The seller is willing to assist with tenant placement post-renovation. DonCOt miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!

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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Buffington Real Estate Group are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Buffington Real Estate Group. Data last updated: 2025-02-18T20:10:04.64.
www.chadbuffington.net/homes/159885755
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3554 Thorpe Street Macon, GA 31204

  • Price: $89,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 56 min ago
  • MLS #: 10449384
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1984
Built
Neighborhood:
Del Park
County:
Bibb
Area:
MACON
Elementary School:
Union
Middle School:
Miller Magnet
High School:
Central
Property Description
This LEGAL DUPLEX is a prime investment opportunity offering immediate RENTAL INCOME. Each unit features 2 BEDROOMS and 1 BATHROOM, complete with its own kitchen. Currently, the property generates $800 per month from long-term tenants on MONTH-TO-MONTH LEASES. With a certified ARV APPRAISAL of $135,000 and a detailed contractor bid of $40,000 for renovations to make both units SECTION 8 READY, this property has immense potential. Once updated, the duplex can yield $1,500 per month in rental income through the Macon Housing Authority, with an approved rent of $750 per unitCoresulting in an impressive 20% ANNUAL RENTAL CAP RATE. This is an ideal opportunity for investors seeking to utilize a HARD MONEY BRIDGE LOAN, complete renovations, and refinance into a 30-YEAR MORTGAGE. The seller is willing to assist with tenant placement post-renovation. DonCOt miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Stone FrameVinyl Siding Garage YN No Levels One Lot Size Area 4791.6 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating CentralOther Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Gross Income 0 New Construction YN No Property Condition Fixer Property Sub Type Multi FamilyDuplex Sewer Public Sewer Special Listing Conditions As Is Structure Type Duplex Tax Annual Amount 1054 Tax Year 2024 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Rlty-Atl.North: 770-509-0700. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Buffington Real Estate Group are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Buffington Real Estate Group. Data last updated: 2025-02-18T20:10:04.64.
 
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Buffington Real Estate Group
3395 White Sulphur Road
Gainesville GA, 30501